Implementation of Peak Shaving Algorithm in an Islanded Microgrid for Economic Power Consumption

Paper in proceeding, 2023

The objective and purpose of this study is to implement a peak shaving algorithm in an islanded microgrid for economic power consumption. The simulation of this study has been created through MATLAB/Simulink. This system works for different peak demands and can easily be manipulated, providing us a dynamic approach to the system for maximum efficiency and maximum power generation for the required demand. Added to this, we have also included grid-tied solar panels which are renewable and eco-friendly. The results from the simulation show us clearly that the peak shaving algorithm gets activated as soon as the supply surpasses the peak demand. When this activation happens, the grid is islanded and it goes into self-generation mode. The current use of the grids is aged and is not able to support the current population from time to time. This paper will prove to be a viable, cost-effective and simple solution for the power stations. The simulation, functioning, observation, inference, advantages and disadvantages have been completely provided in this paper with the help of reference papers which have been mentioned towards the end.